Speymill Deutsche Immobilien To Borrow EUR0.63M From Jim Mellon

LONDON (Dow Jones)--Speymill Deutsche Immobilien Company Plc (SDIC.LN), a pan-German residential property investment company listed on AIM, announced Wednesday that Jim Mellon, a director and substantial shareholder of SDIC will lend the company EUR630,000. MAIN FACTS: -This has been reduced from the original loan amount of EUR2.0 million. -The amount of security provided is similarly reduced but all other terms remain as previously announced. -Shares closed Tuesday at 6.26 pence. -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; zechariah.hemans@dowjones.com (END) Dow Jones Newswires July 14, 2010 02:59 ET (06:59 GMT)